News Update
Share Scheme advisers crowd RM2's website
Tue 19th August 2008
While reviewing the visitor statistics for our website recently, we were struck by the number of visits from firms that also purport...
SAYE rate boost
Mon 11th August 2008
From 1st September 2008, the bonus rates for SAYE share option schemes are increasing. For the 3 year plan, the bonus rate (expressed...
Non-domiciliaries: Government wriggles
Tue 10th June 2008
The 2008 Finance Bill introduced a new regime whereby persons not domiciled in this country could choose between declaring their...
Budget boost for EMIs
Thu 13th March 2008
Alastair Darling announced that, from 6th April 2008, the upper limit on the value of shares that can be offered under an EMI scheme...
Research backs EMI effectiveness
Fri 29th February 2008
Nearly 80 per cent. of employers offering employee share options under the Enterprise Management Incentive (EMI) say that the scheme...
New CGT rules and share schemes
Fri 25th January 2008
Alastair Darling's new CGT rules offer some crumbs to small business owners but have little effect on employee share schemes.
£12m SAYE bonanza for HBOS staff
Fri 11th January 2008
HBOS has announced a payout of approximately £12m to its workforce of almost 14,000 staff following the maturity this week of its...
More companies to escape options audit
Wed 9th January 2008
Regulations coming into force in April will allow more companies to qualify as "small", and thus escape the requirement to expense...
No equity? I'm leaving!
Tue 8th January 2008
Leading City firm Close Brothers is suffering defections by senior staff as rumours grow of an imminent takeover bid. Five member...
Revised ABI Guidelines
Mon 10th December 2007
In recent years the ABI have chosen the month of December to issue revisions to their guidelines for executive remuneration.
Non-execs favour pay in options
Wed 28th November 2007
A big majority of non-executive directors at unlisted companies think they should receive shares or options as part of their pay,...
Practitioners lobby for end to tax trap
Thu 8th November 2007
The Employee Share Ownership Centre and Clifford Chance are leading calls for a change in the tax rules that apply to share schemes...
New CGT regime - implications for share schemes
Fri 19th October 2007
In the pre-Budget statement on October 9th 2007, the Chancellor announced that the previous capital gains tax regime would be abolished...
SAYE bonus rates increased
Sat 15th September 2007
The Treasury has raised the bonus rates on Save As You Earn (SAYE) share option schemes. This reflects a general rise in interest...
Share scheme returns go on-line
Fri 15th June 2007
We understand from HM REvenue & Customs that, within the next two years, they will require most employee share scheme returns...
Share scheme returns go on-line
Fri 15th June 2007
We understand from HM REvenue & Customs that, within the next two years, they will require most employee share scheme returns...
SAYE bonus rates increased
Sat 15th September 2007
The Treasury has raised the bonus rates on Save As You Earn (SAYE) share option schemes. This reflects a general rise in interest rates over the last year. About 1.7 million people participate in these schemes. More than 90 per cent. of the FTSE 100 companies offer these schemes as do many smaller listed and private companies.
SAYE schemes are set up over 3, 5 or 7 years. At the end of the chosen period of saving, the employees receive a tax free bonus. The RM2 Partnership has found that many employees value the savings aspect as much as the opportunity to purchase shares in their employer. Through regular saving employees can build up significant sums of money. However if the company’s shares have done well over this period, employees can also profit by exercising their options. Alternatively they can ask for a full cash refund.
Over a three year savings period, participants will now receive the equivalent of 2.4 monthly payments tax free. Over five years, the bonus is 7.2 months and over a 7 year contract, the participant will receive a tax free bonus equal to well over a year’s worth of contributions (13.3 months).
The RM2 Partnership designs, implements and administers SAYE share option schemes. Contact us for further details.
The RM2 Partnership
020 8949 5522
mail@rm2.co.uk
Share Schemes | Share Purchase Plans | Employee Incentives
Share Incentive Plan | Enterprise Management Incentive
Company Share Options | Shares Advice | RM2 Site Map
Share Incentive Plan | Enterprise Management Incentive
Company Share Options | Shares Advice | RM2 Site Map